Modern apartments with one-two bedrooms and commercial premises, Funchal, Madeira

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Portugal, Funchal
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56 m² — 96 m²
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1—2 Bedrooms
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1—2 Baths
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ID PT274779

€350,000 — €450,000

56 m² • €4,687.5+ m²
Elena KozyrevaExpert on real estate and residency after d visas by investment in Portugal

Cost

Property cost

€350,000 — €450,000

Price for m²

€4,687.5 — €6,250

Purchase taxes

IMT - 6,5%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 600 m
Infrastructure 100 m
Airport 24 km

Yield and management

Yield

3-5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

This object is located in the town Funchal, Madeira. All necessary infrastructure is in the close proximity: shops, restaurants, cafes, educational institutions. Nearby there are such attractions as the Palace with the tropical garden "Monte", the Funchal Cathedral, the Monastery of Santa Clare, etc.

For sale are offered apartments with 1-2 bedrooms and a commercial space (shop - 55 sq. m, 350 000€) with views of the ocean, green spaces, city, located in a residential complex. Renovation is being carried out using modern technologies and preserving historical heritage. Modern design, stylish architecture, decoration in soothing colors create a comfortable environment. Floor-to-ceiling windows fill the rooms with sunlight.

The living rooms have separate dining areas that can comfortably accommodate six people, providing an ideal setting for family and friends' gatherings. Private balconies allow residents to enjoy the beauty of the rising sun and the pleasant Atlantic climate.

Advantages of the project:

  • stylish design
  • developed infrastructure
  • built-in wardrobes
  • high-quality plumbing
  • unique living space
  • combination of tradition/modernity

Real estate

Object category

Renovation

Object stage

Design

Permits

Yes

Object completion date

March 2025

Design features

Ownership

Characteristics

Total area

56 m² — 96 m²

Number of storeys

4

Bedrooms

1—2

Baths

1—2

Parking

No

Renovation

Standard

Furniture

Partially furnished

View

Ocean, City, Garden, Road

Equipment

Central conditioning

Properties

Elevator
Balcony
Garden on the plot
Terrace
Internet
TV

Location